If you were looking to apply for a quick personal loan, then you don’t need to worry. You don’t have to meet the lenders physically, especially during this Pandemic time.
Yes, you can apply for the personal loan at your home and stay safe. And it is possible via the facility of the instant loan app. Your loan application gets processed fast and convenient on the instant loan app.
Read on and explore more on this!
What is the instant loan app?
The instant loan app is just like any other app that you use on your smartphone. It is designed and powered by your lender. You can use it by applying for the personal loan and many more services from the comforts of your home. It saves your time and energy wasted on meeting a lender physically for applying for the loan.
What are the benefits of the instant loan app?
Apply and manage your loans easily
Right from applying for a loan to making repayments and tracking the loan history to much more; everything is possible on the personal loan app. The instant loan app is a platform where you can do many things. From managing loans to making payments to buying insurances to downloading statements and even lodging a complaint, many things are available! The best part of it is that you can do all from the comforts of your home and anywhere. You can also access previous and existing loan details, stay updated on the next EMI repayments and pay EMIs. Overall, the instant loan app helps you manage your loans conveniently
Make repayments immediately
The timely repayment of the loan is crucial to maintaining your credit score and becoming eligible for the next loan. Missed payments affect your cibil score negatively and lower your eligibility for the next loan. But with the facility of the instant loan app, you can pay your personal loan EMIs right from anywhere in the world. It helps you avoid being a defaulter. It is also possible to make prepayments and foreclose the loan before the scheduled tenure.
Get all notifications related to your ongoing loans
The availability of the instant loan app in your pocket makes it possible to keep away from visiting the branch office of your lender. Thanks to the advanced personal loan app, you get notifications related to your pending payments, downloading of the statements and more. This way, you stay committed to your liabilities without setting reminders to make timely payments.
Access pre-approved loan offers
Leading lending institutes let you access their personalized pre-approved personal loan offers on their instant loan apps. Pre-approved offers are already ready for a customer. All that is needed is – applying for it. It saves borrowers from making a fresh loan application and proving the eligibility every time you need money. The interest rate may also be lower on the pre-approved loan offer. You can check out one easily on the instant loan app and make the most of it.
How to download the instant loan app on your mobile phone?
You can enter a world of convenience by downloading the personal loan app. Here’s how:
- As per the smartphone that you have, you can land on the Google Play Store/App Store and download the app.
- Once you have downloaded the app, you can activate it by entering your registered mobile number with the lender.
- You can now authenticate yourself with the OTP sent to your registered mobile number.
If you don’t want to waste your time and efforts in applying for the personal loan, then you can start using the instant loan app.